$1,888,000
SOLD JAN 2, 2026

1511 E Treasure Cove Dr Gilbert, AZ 85234

Val Vista Neighborhood
5 Beds
5.5 Baths
6,302 Sq Ft
13,939 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

23% Below List Price

54 Days on Market

Highlights

  • Play Pool
  • Waterfront
  • Clubhouse
  • Val Vista Lakes Elementary School Rated A-
  • 0.32 Acre Lot
  • Fireplace in Primary Bedroom

About This Home

As of January 2026

Waterfront Luxury Estate in an Exclusive Gated Community. Nestled within the exclusive West Lake Estates gated enclave of Val Vista Lakes, this 6,200 sq. ft. lakefront estate combines polished luxury with heartfelt warmth. From the moment you arrive, you're greeted by panoramic waterfront views and the tranquil ambiance of a private lakeside setting. For nearly two decades, this residence has been more than a home - it's been a cherished backdrop to holiday feasts, joyful reunions, and sunset celebrations. Now, after years of loving stewardship, it stands ready to welcome a new owner to continue its story of elevated living and family legacy. Inside, custom craftsmanship and elegance unite in perfect harmony with rich woodwork accents (including intricate wainscoting and bespoke built-ins and timeless sophistication. A chef's kitchen with extensive granite countertops anchors the heart of the home - boasting a large center island, breakfast bar seating for eight, and a seamless connection to the massive family great room. This open-concept design allows hosts to cook, converse, and celebrate without missing a moment, as enormous picture windows frame sparkling pool and lake views. Whether you're hosting an elegant dinner in the formal dining area or enjoying a casual brunch in the sunny breakfast nook, every space is designed for easy entertaining and meaningful gatherings. A dedicated home office with custom wood cabinetry provides an inspiring, private workspace - perfect for remote work or quiet reflection - while five generously sized bedroom suites (each with its own large bathroom) offer every family member and guest a private sanctuary. The primary suite is a world unto itself: wake up to panoramic lake vistas, unwind by the cozy fireplace, and step outside through private patio doors for a serene morning by the water's edge. Property Highlights - Location: Situated in Gilbert's premier gated community (West Lake Estates at Val Vista Lakes) with waterfront frontage, a private boat dock, and stunning lake views. - Size & Layout: Expansive 6,200 sq. ft. custom floor plan featuring 5 large bedrooms (each with a private en-suite bath) plus 2 additional bathrooms for guests' convenience. - Custom Craftsmanship: Exquisite custom woodwork throughout from rich wood-paneled accents and wainscoting to built-in cabinetry - paired with hardwood floors that add warmth and elegance. - Gourmet Kitchen: Chef-style kitchen with extensive granite countertops, a spacious island, breakfast bar seating, high-end appliances, and an open layout that keeps the cook connected with guests. - Grand Living Spaces: A massive family great room with soaring ceilings and lake views, plus formal living and dining areas all ideal for entertaining large groups with comfort and style. - Home Office: A huge, private executive home office with beautiful wood detailing - an inspiring space for work, library, or study, bathed in natural light. - Outdoor Oasis: Resort-style backyard featuring a sparkling heated swimming pool, relaxing hot tub spa, and beautifully manicured landscaping. A spacious patio offers the perfect setting for outdoor dining and lakeside entertaining, and your own private dock provides direct lake access for boating or sunset strolls by the water. A Home That Tells a Story This estate isn't just defined by its luxury amenities - it whispers stories of family and togetherness. Imagine an afternoon barbecue with loved ones lounging by the pool, laughter echoing off the water. Envision holiday evenings in the great room, a crackling fire in the fireplace and the sounds of joy filling the soaring spaces. For years, 1511 E. Treasure Cove Dr. has been the centerpiece of unforgettable moments - children's birthdays by the lake, sunsets under the gazebo of stars, and quiet mornings with on the dock as ducks glide across the lake. Every inch of this property has been imprinted with love and care, creating an atmosphere that warmly embraces all who enter. Now, it's your turn to continue the legacy. For the discerning buyer seeking not just square footage, but a home with a soul and a story, this property offers an unparalleled backdrop to life's next chapter. It's a place where you can host grand celebrations and also savor life's simple pleasures - where meaningful moments are waiting to be made. Step into this one-of-a-kind lakeside haven and imagine the possibilities. Your story here is just beginning - welcome home.

Last Agent to Sell the Property

John Cox

West USA Realty License #SA629530000 Listed on: 09/15/2025

West USA Realty

Co-Listed By

Shannon Cox

West USA Realty License #SA637326000

Last Buyer's Agent

Lisa Le

Call it Closed International License #SA696803000

Call it Closed International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,605

Year Built

  • Built in 1999

Lot Details

  • 0.32 Acre Lot
  • Waterfront
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Private Yard
  • Grass Covered Lot

HOA Fees

Parking

  • 3 Car Direct Access Garage

Home Design

  • Roof Updated in 2022
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 6,302 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • 3 Fireplaces
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bathroom is a Full Bathroom
  • 5.5 Bathrooms
  • Double Vanity
  • Bidet

Eco-Friendly Details

  • North or South Exposure

Pool

  • Play Pool
  • Fence Around Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Val Vista Lakes Elementary School
  • Greenfield Junior High School
  • Gilbert High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 304-96-116

Community Details

Overview

  • Association fees include ground maintenance
  • Gud Community Mgmt Association, Phone Number (480) 385-2735
  • Secondary HOA Phone (480) 635-1133
  • Built by Custom
  • West Lake Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,605

Year Built

Built in 1999

Lot Details

0.32 Acres

HOA Fees

$309 per month

Parking

3

Listing Details

  • Cross Street: Val Vista and Baseline
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2 Transfer Fee: 100.0
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 309.26
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2022
  • Separate Den Office Sep Den Office: Y
  • Year Built: 1999
  • Tax Year: 2024
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.32
  • Co List Office Mls Id: wusa02
  • Co List Office Phone: 480-948-5554
  • Subdivision Name: WEST LAKE ESTATES
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 299.59
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: Private, Heated
  • Appliances: Dishwasher, Disposal, Refrigerator, Electric Cooktop, Microwave, Built-In Electric Oven, Washer, Dryer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Master Bedroom, Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Full Bth Master Bdrm, Double Vanity, Bidet, Breakfast Bar, Pantry, Kitchen Island, Granite Counters, Non-laminate Counter, High Speed Internet, Master Downstairs, 9+ Flat Ceilings, Central Vacuum
  • Living Area: 6302.0
  • Stories: 2
  • Window Features: Dual Pane

Exterior Features

  • Fencing: Wrought Iron
  • Exterior Features: Balcony, Storage, Private Yard
  • Lot Features: Waterfront Lot, North/South Exposure, Sprinklers In Front, Sprinklers In Rear, Grass Front, Grass Back
  • Pool Features: Fenced, Heated, Play Pool, Outdoor
  • Pool Private: Yes
  • Waterfront: Yes
  • Disclosures: Seller Discl Avail, Agency Discl Req
  • Construction Type: Wood Frame, Painted, Stucco
  • Patio And Porch Features: Patio, Covered Patio(s)
  • Roof: Tile, Concrete

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Extended Length Garage, Garage Door Opener, Separate Strge Area, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Lake, Community Spa, Community Spa Htd, Gated, Tennis Court(s), Playground, Biking/Walking Path, Clubhouse, Pickleball
  • Association #2 Fee: 1845.25
  • Association #2 Fee Frequency: Annually
  • Association Fee: 155.49
  • Association Fee Frequency: Monthly
  • Association: West Lake Estates
  • Association Name: Val Vista Lakes HOA
  • Association Phone #2: 480-635-1133
  • Phone: 480-926-9693
  • Association: Yes

Association/Amenities

  • Association Fees:HOA DisclosureAddendum Affirmation: Yes
  • Association Fees:HOA Transfer Fee2: 200.0
  • Association Fees:Special Assessment HOA: No
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fees:Prepaid Association Fees HOA: 311.0
  • Association Fees:Disclosure Fees HOA: 200.0
  • Association Fees:HOA Management Company: HOA MCO
  • Association Fees:HOA Management Phone: 480-385-2735
  • Association Fees:Special Assessment HOA 2: No
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fees:Prepaid Association Fees HOA 2: 1845.25
  • Association Fees:HOA Management Company 2: GUD Community Mgmt

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

  • Elementary School: Val Vista Lakes Elementary School
  • High School: Gilbert High School
  • Junior High Dist: Gilbert Unified District
  • Middle Or Junior School: Greenfield Junior High School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14108.0
  • Parcel #: 304-96-116

Building Info

  • Builder Name: Custom

Tax Info

  • Tax Annual Amount: 8605.0
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2025
Closed on
Dec 16, 2025
Sold by
Westenhaver Dana Avery and Westenhaver Family Trust
Bought by
Lo Dee and Lo Philippe
Seller's Agent
John Cox
West USA Realty
Buyer's Agent
Lisa Le
Call it Closed International
List Price
$2,450,000
Sold Price
$1,888,000
Premium/Discount to List
-$562,000
-22.94%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$1,488,000
Outstanding Balance
$1,485,024
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$417,860

Purchase Details

Closed on
Nov 15, 2000
Sold by
Westenhaver Douglas A and Westenhaver Joan E
Bought by
Westenhaver Douglas A and Westenhaver Joan E

Purchase Details

Closed on
Mar 24, 1998
Sold by
Schnur Joseph H and Schnur Patricia W
Bought by
Westenhaver Douglas A and Westenhaver Joan E

Purchase Details

Closed on
Apr 16, 1997
Sold by
Peterson Wood Walter Benson and Peterson Wood Lori
Bought by
Schnur Joseph H and Schnur Patricia W

Purchase Details

Closed on
Mar 18, 1996
Sold by
Sussex Farming Enterprises Llc
Bought by
Peterson Wood Walter Benson and Peterson Wood Lori

Purchase Details

Closed on
Nov 10, 1994
Sold by
Walden John D
Bought by
Sussex Farming Enterprises L L C
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,888,000 Lawyers Title Of Arizona
Interfamily Deed Transfer -- --
Cash Sale Deed $127,500 --
Cash Sale Deed $128,000 Transnation Title Ins Co
Cash Sale Deed $117,000 --
Cash Sale Deed $105,000 Transamerica Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,488,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Sold $1,888,000 -3.2% $300 / Sq Ft
11/03/2025 11/03/25 Price Changed $1,950,000 -11.3% $309 / Sq Ft
10/03/2025 10/03/25 Price Changed $2,199,000 -10.2% $349 / Sq Ft
09/15/2025 09/15/25 For Sale $2,450,000 0.0% $389 / Sq Ft
09/15/2025 09/15/25 Price Changed $2,450,000 -- $389 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,957 $109,951 -- --
2024 $9,065 $104,715 -- --
2023 $9,065 $125,160 $25,030 $100,130
2022 $8,799 $94,980 $18,990 $75,990
2021 $9,311 $92,220 $18,440 $73,780
2020 $9,481 $90,680 $18,130 $72,550
2019 $9,164 $90,030 $18,000 $72,030
2018 $10,005 $92,900 $18,580 $74,320
2017 $9,677 $91,370 $18,270 $73,100
2016 $9,922 $90,470 $18,090 $72,380
2015 $9,047 $91,720 $18,340 $73,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6913387

Arizona Regional Multiple Listing Service (ARMLS)

APN: 304-96-116

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